Osmosis (OSMO) Achieves Market Capitalization of $243.12 Million

Osmosis (OSMO) traded 7.2% higher against the dollar during the one day period ending at 17:00 PM ET on August 6th. One Osmosis coin can currently be bought for $0.36 or 0.00000639 BTC on major exchanges. Osmosis has a total market cap of $243.12 million and approximately $15.74 million worth of Osmosis was traded on exchanges in the last 24 hours. Over the last seven days, Osmosis has traded down 21.8% against the dollar.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 2.5% higher against the dollar and now trades at $0.0121 or 0.00000021 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 2.8% higher against the dollar and now trades at $0.0644 or 0.00000114 BTC.

Osmosis Coin Profile

Osmosis’ genesis date was February 19th, 2021. Osmosis’ total supply is 998,007,071 coins and its circulating supply is 675,519,898 coins. Osmosis’ official Twitter account is @osmosiszone and its Facebook page is accessible here. Osmosis’ official website is osmosis.zone.

According to CryptoCompare, “Osmosis (OSMO) is a governance token for the Osmosis network, an automated market maker (AMM) protocol launched in 2021 by Sunny Aggarwal and Dev Ojha. Osmosis uses the Cosmos SDK and Inter-Blockchain Communication (IBC) for cross-chain transactions. It allows users to create customizable liquidity pools and adjust parameters based on market conditions. OSMO token holders can vote on upgrades, allocate mining rewards, and set swap fees. The network’s suite of DAO-gated dApps and continuous development aim to create a full-service, cross-chain exchange and DeFi hub.”

Osmosis Coin Trading

It is usually not possible to buy alternative cryptocurrencies such as Osmosis directly using US dollars. Investors seeking to trade Osmosis should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Osmosis using one of the aforementioned exchanges.

OSMO/USD price chart by TradingView